Friday, April 17, 2015

SGX Comex Recommendations : Epic Research Singapore

INTERNATIONAL COMMODITY NEWS :
  • Oil prices fall as OPEC production soars .
  • Gold steady to weaker in early Asia with Greece debt talks in focus .
  • Natural gas futures tumble 2% after bearish storage data .
  • Copper futures boosted by China stimulus hopes .
  • NYMEX crude weaker in Asia as investors mull supply, production curbs .
  • Increasing fears of a Greek default send gold prices slightly lower.

TRADING STRATEGY :
BUY GOLD ABOVE 1203 TARGET 1208 1214 SL 1197
SELL GOLD BELOW 1194 TARGET 1189 1183 SL 1200

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